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ASEAN BUSINESS

Singapore is top investor in Vietnam for 2nd year running

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Angela Tan

Angela Tan

Published Mon, Dec 6, 2021 · 09:50 PM

    Singapore

    SINGAPORE leads foreign direct investments into Vietnam for the second consecutive year as firms continue to diversify their businesses, expand and capture new opportunities despite the Covid-19.

    Total foreign direct investments (FDIs) into Vietnam remain sizeable, amounting to US$28.5 billion in 2020 and US$23.8 billion in the first ten months of this year.

    VietnamForeign investmentSingapore

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